|

Apple Supplier Policy Change Addresses Child Labor & Poor Working Conditions

NO RATINGS
View comments: newest first | oldest first | threaded
garrytroomen
User Rank
Stock Keeper
places to eat near me
garrytroomen   4/19/2017 10:57:27 AM
NO RATINGS

Article is right, I agree with you completely

Jen817
User Rank
Stock Keeper
Re: Landscaping Danbury CT
Jen817   4/3/2017 8:12:57 PM
NO RATINGS

Glad to see Apple is changing their policies up, finally.

Pablo Valerio
User Rank
Blogger
It is about regulations
Pablo Valerio   3/29/2017 3:41:34 PM
NO RATINGS

@Susan,

While I do believe that sometimes Apple, and others, want to do the right thing I believe, in this case, it is about stricter rules of "Conflict Minerals" compliance.

Since 2012, under the Dodd-Frank Act, all public companies have to report to the SEC any business with smelters or distributors selling certain minerals from that area.

Section 1502 of the Act clearly states the requirement:

"Section 1502 requires persons to disclose annually whether any conflict minerals that are necessary to the functionality or production of a product of the person, as defined in the provision, originated in the Democratic Republic of the Congo or an adjoining country and, if so, to provide a report describing, among other matters, the measures taken to exercise due diligence on the source and chain of custody of those minerals, which must include an independent private sector audit of the report that is certified by the person filing the report."

The EU parliament has recently passed similar legislation. By Jan. 1st 2021 it will be forbidden to import to the EU any product or component contaning conflict minerals from those areas, and many others, including any stocks created after March 2013.

So, I believe Apple is doing the right thing, but for many other reasons.



More Blogs from Susan Fourtané
Coming regulations are anticipated to decrease the driver pool and truck capacity with immediate consequences disrupting over-the-road shipping.
What to expect from next-generation supply chains? Here is what supply chain managers need to know to better understand the processes that will disrupt supply chains in the coming decade.
Here is how innovations and technologies are being leveraged to help cities address the growing challenges of congestion, noise, and pollution associated with last-mile deliveries within their increasing populations.
Electronics OEMs have an opportunity to be major contributors to the betterment of the earth. For Earth Day, we're looking at the efforts of one major OEM: Apple.
Twitter Feed
EBN Online Twitter Feed
EBN Dialogue / LIVE CHAT
EBN Dialogue enables you to participate in live chats with notable leaders and luminaries. Open to the entire EBN community of electronics supply chain experts, these conversations see ideas shared, comments made, and questions asked and answered in real time. Listed below are upcoming and archived chats. Stay tuned and join in!
Archived Dialogues
Live Chat 01/15: CPOs Re-Shape Their Business Roles
Increasingly chief procurement officers (CPOs) are re-shaping their organizational role to focus on creating results far beyond cost controls. A new IBM survey explores how.
Live Chat 11/12: Examining the Cyberthreat to Supply Chains
The number of cyberattacks is on the rise and hackers are targeting the supply chain. Drew Smith, founder and CEO of InfoArmor, will be on hand to discuss the reality of today's threat landscape and what to do about it.